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Polkadot (DOT) Bulls Push Toward $4.8 Resistance, Breakout Ahead?

Dot

Polkadot (DOT) has been gaining significant bullish momentum, with its price steadily approaching the critical resistance level of $4.8. This upward movement suggests a strong presence of positive sentiment in the market. As DOT nears this key resistance, speculations are about whether the bulls can maintain their dominance and drive the price higher. A successful breakout…

Polkadot (DOT) Bulls Push Toward $4.8 Resistance, Breakout Ahead? Read More »

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion

Dot

The recent report released by the Polkadot Treasury for the first half of 2024 has raised concerns over an impending funding crisis. The report indicates that the Treasury’s assets, spread across multiple chains, have become increasingly complex and challenging to manage effectively.  Decentralized finance (DeFi) researcher DeFi Ignas has analyzed the report, highlighting the Treasury’s…

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion Read More »

Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?

Dot

Polkadot (DOT), a prominent player in the blockchain ecosystem, is currently experiencing a dramatic decline, prompting a bearish alert. The cryptocurrency is in freefall, with its price plummeting towards new lows. A combination of market-wide volatility, negative investor sentiment, and regulatory pressures fuels this sharp downturn. As DOT’s value continues to erode, investors are advised…

Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom? Read More »

Polkadot (DOT) Forms Rising Wedge Pattern, Bullish Or Bearish?

Dot

Polkadot (DOT), a popular cryptocurrency in the blockchain space, has been making waves with its innovative approach to interoperability and scalability. However, like any financial asset, its price movement is subject to various technical analysis patterns, one of which is the rising wedge chart pattern. The formation of a rising wedge pattern on DOT’s price…

Polkadot (DOT) Forms Rising Wedge Pattern, Bullish Or Bearish? Read More »

Polkadot Price Sets Sights on New Highs: DOT Bullish Momentum Building

Dot

Polkadot (DOT) is consolidating gains above the $7.40 zone against the US Dollar. The price could start another increase if it clears the $7.70 resistance. DOT gained pace and tested the $7.70 resistance level against the US Dollar. The price is trading above the $7.20 zone and the 100-hourly simple moving average. There is a…

Polkadot Price Sets Sights on New Highs: DOT Bullish Momentum Building Read More »

DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction?

Dot

Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support. DOT gained pace and tested the $7.5 resistance level against the US Dollar. The price is trading above the $7.00 zone and the 100 simple moving average (4 hours).…

DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction? Read More »

Record-Breaking Q1 For Polkadot: Daily Active Addresses Hit 514,000 As DOT Price Surges 7%

Dot

According to a Messari report, the Polkadot (DOT) blockchain protocol made significant progress in the first quarter (Q1) of the year in terms of market capitalization, revenue, and Cross-Consensus Message Format (XCM) activity, as well as a record increase in daily active addresses. DOT’s Market Cap Surges 16% QoQ During Q4 2023, Polkadot’s market capitalization…

Record-Breaking Q1 For Polkadot: Daily Active Addresses Hit 514,000 As DOT Price Surges 7% Read More »

Polkadot Unveils Major Upgrade Plan: Relay Chain Replacement And 10M DOT Prize Incentive

Dot

Gavin Wood, the founder of the Polkadot protocol, has unveiled a new Gray Paper outlining the forthcoming Join-Accumulate Machine (JAM) upgrade for the network. This announcement occurred during Wood’s presentation on Polkadot’s future at the Token2049 crypto conference in Dubai.  Wood introduced the JAM Implementer’s Prize, a 10 Million DOT prize pool, to encourage diverse…

Polkadot Unveils Major Upgrade Plan: Relay Chain Replacement And 10M DOT Prize Incentive Read More »

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